INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.
  • Dubai, UAE -- Emaar, The Economic City, the master-developer of King Abdullah Economic City (KAEC), has signed a strategic agreement...

    Orascom will be the main investor to develop a world-class mix-use tourism city across a mega-parcel of 9.5 million square meters.

    The project will feature a marina, a fully-fledged downtown along with resorts, high-end residential developments.

  • Its Q3 revenue posted a 24 percent jump to US$96 million.

    The group posted a 337 percent increase in net profit, excluding fair value changes, to $90.12 million for Q3 2023

    It acquired a 55% majority stake in Media 247, a leading UAE outdoor advertising firm, at an investment of $61.26 million

  • The cyber insurance industry will persistently evolve as the threat landscape expands. As the criteria for insurability rise, enterprises shouldn't...

    Due to escalating cybercrime, insurance premiums have surged, with 85% of organizations falling victim to ransomware attacks in 2022 alone.

    Insurance is a part of a broader digital resilience strategy, and businesses confront a 'reality gap' between perceived and actual data protection levels.

  • It's net profit was AED 26.5 million ($7.21m) in Q3 2023.

    it's net profit was AED 26.5 million ($7.21m) in Q3 2023, compared to AED 32.73 million ($8.91m) YoY over Q3 2022.

    Cost-effectiveness, exceptional maneuverability and expedited travel, are driving the popularity of two-wheelers in the UAE.

  • The aim is to establish multiple logistics zones in the Kingdom.

    The objective is to establish logistics zones that will enhance efficiency of the sector, improve service quality and generate additional job opportunities.

    This initiative is expected to strengthen the role of the logistics sector in supporting the national economy.

  • Abu Dhabi, UAE – UNCTAD's 8th World Investment Forum came to a close on Friday in Abu Dhabi with a...

    The week-long event saw the convergence of 8,000 participants, including government officials, international organizations, policymakers, 700 CEOs and investors

    Held against the backdrop of a fragmented global economy, the forum addressed the profound impact on global trade and investment

  • The automaker made sales to the tune of US$83.5bn in Q3.

    The automaker's operating profit for the quarter also increased, to around $5.19 billion, on an operating margin of 6.2 percent.

    The company's sales saw a 20-percent jump in Western Europe, delivering 2.34 million vehicles over the July-September period

  • Its revenues rose 77% to US$92m in the same period.

    The company's revenue from contracts climbed 77% in Q3, surging from $58.43 million to $92 million

    Its CEO and MD Fouad Darwish said they expect Q4 to "a healthy growth year for Palms Sports"

  • With the support of Vision 2030 projects and a surge in real estate lending, the banking sector's performance in the...

    With the support of Vision 2030 projects and a surge in real estate lending, the banking sector's performance in the Gulf region has been commendable, says a report

    Despite challenges such as intricate transactions and the demand for universal standards, the potential of financial technology and green financing is immense, it adds

  • BEIRUT, LEBANON -  Lebanon's national carrier on Friday said it was cutting more than half of its flights as tensions along...

    Only eight of the Middle East Airlines company’s 22 planes would operate as of next week, with the rest of the fleet relocated to other airports.

    Other airlines, including Swiss International Air Lines and Germany's Lufthansa have already temporarily suspended Beirut flights,